Prestige Estates to develop Gurugram housing project with Rs 5,600 cr revenue potential
Summary
Prestige Estates has signed a joint development agreement for a 17.14-acre housing project in Sector 109, Gurugram, with an estimated revenue potential of Rs 5,600 crore. The company is also expanding its Delhi-NCR pipeline through projects in Ghaziabad and Noida.
The agreement increases Prestige Estates' exposure to the Delhi-NCR residential market and gives it a
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Prestige is building a sizeable NCR residential pipeline, making project execution and market absorption key to converting the announced revenue potential into results.